Quote:
Originally Posted by dpackster1980
How about reducing margins so you sell more simples. Since the economy went down hill people look for the chespest option which in some cases it's shopping abroad.
It's better shifting parts and kits in quantities rather than score on the margin selling less. Even worse not reducing prices so you have a kit or spares less than you paid for it.
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If only you knew the sizes of the margins in this industry........
Just out of interest and curiosity, how much do you suspect a model shop makes on a spare or option part priced at say £9.99 for example?
(This is BEFORE the shop itself is paid for (rent etc), plus - lighting, electric, phone/internet, website costs, rates, staff wages, insurance, advertising, heating/cooling etc are all taken out or discounts of any type are offered to the customers) please have a guess, I will be surprised if you are close...........
And I chose "spares or parts" deliberately since this is the element of our trade that is "supposed" to carry the largest margins for us, so they say, kits and larger parts are MUCH lower!!